12420 Mount Vernon 2d, Grand Terrace, California 92313, Grand Terrace, 92313 - 3 bed, 2 bath
Loading property details...
Grand Terrace, California 92313
This Turnkey Condominium represents a Strong Value Opportunity, listed at $365,000—positioned well below the $389,573 Fair Market Value by 6%. This valuation gap provides $24,573 in Instant Equity. With a Condition Rating of 3, the unit features a modernized granite kitchen, stainless appliances, and a private deck with hill views. Located in the Colton Unified district, this property offers a balanced lifestyle for first-time buyers or Owner-Occupants seeking a move-in ready home with resort-style community amenities.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12420 Mount Vernon 2d Subject | $365,000* List Price | 3 | 2 | 1,152 | $338 | - |
A 12420 Mount Vernon Sold | $370,000 | 3 | 2 | 1,152 | $321 | 0.0 mi |
B 12420 Mount Vernon Avenue 1a Sold | $365,000 | 3 | 2 | 1,085 | $336 | 0.0 mi |
C 12420 Mount Vernon 4d Sold | $365,000 | 3 | 2 | 1,152 | $317 | 0.1 mi |
D Unit F Palm Sold | $395,000 | 3 | 2 | 1,169 | $338 | 0.6 mi |
E 12420 Mount Vernon Avenue 4b Sold | $349,000 | 2 | 2 | 1,088 | $321 | 0.1 mi |
F 22745 Palm Avenue H Sold | $375,000 | 3 | 2 | 1,169 | $321 | 0.5 mi |
G 12168 Mount Vernon Ave 7 Active | $470,000 List Price | 3 | 2 | 1,165 | $403 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1982, the property has undergone significant renovations within the last 5-15 years. The kitchen features updated granite countertops, stainless steel appliances, and a modern backsplash. The interior boasts updated flooring and a move-in ready condition, meeting the criteria for a well-maintained, functional home.
Priced competitively at $365,000 for a three-bedroom configuration, this property offers significant affordability for the Grand Terrace area, making it an ideal entry-level or investment opportunity.
The unit features high-quality finishes including granite countertops, stainless steel appliances, and updated flooring, providing a move-in-ready aesthetic that appeals to contemporary buyers.
Situated in the gated Lido community, the property grants access to resort-style perks such as a pool, spa, tennis courts, and lush greenbelts, significantly enhancing the lifestyle value.
The $415 monthly association fee represents a substantial recurring cost that may impact the overall affordability and debt-to-income ratio for potential financing.
Being an upper-level unit, the property requires stair access, which may be a deterrent for buyers with mobility concerns or those specifically seeking ground-floor convenience.
Adorable and affordable in Grand Terrace! Welcome to this charming upper-level retreat tucked inside the gated Lido at Grand Terrace community, offering the kind of comfortable, low-maintenance lifestyle buyers are always hoping to find. From the moment you step inside, you’ll notice the spacious open-concept layout, warm updated flooring, abundant natural light, and inviting living spaces that feel surprisingly open and airy throughout. The oversized living room flows seamlessly into a beautifully modernized kitchen featuring stainless steel appliances, recessed lighting, generous cabinetry, and an adjacent dining area perfect for everyday living or casual entertaining. The expansive private deck is an ideal extension of the living space and the perfect spot for morning coffee, sunset unwinding, outdoor dining, or simply relaxing with distant hill views and fresh evening breezes. The thoughtfully designed floorplan offers generously-sized secondary bedrooms along with a spacious primary suite complete with dual closets and a private en suite bath. Additional highlights include indoor laundry, ample storage, central heating and air, and two garage bays--a rare and valuable feature for condo living. And the lifestyle here? Tough to beat. Residents of Lido at Grand Terrace enjoy resort-style amenities including a sparkling pool and spa, lush greenbelts and walking paths, tennis and sport courts, gated entry, and convenient access to shopping, dining, parks, and the 215, 10, 60, and 91 freeways. A move-in ready Grand Terrace gem offering comfort, functionality, community, and easy summer-ready living all in one package.
No exterior & parking available.
Grades K-6 • 0.6 mi
Grades 7-8 • 0.2 mi
Grades 9-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,152 | 1,152 | 50% |
| Lot Size | 1,152 | 1,152 | 50% |
| Price | $365.0K | $367.5K | 50% |
| Price per sq ft | $317 | $321 | 38% |
| Built year | 1982 | 1982 | 50% |
| HOA | $415.0 | $400 | 63% |
| Days on market | 0 | 192 | 13% |
Jun 1, 2026
$365,000
Initial Listing
May 10, 2019
$225,000
Public Record
Oct 29, 2010
$100,000
Public Record
Sep 26, 2005
$243,000
Public Record